A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 8%. The rate of discount is:

Related Mcqs:

1. A tradesman marks his goods 10% above his cost price. If he allows his customers 10% discount on the marked price. How much profit or loss does he make, if any ?

   A. 1% gain
   B. 1% loss
   C. 5% gain
   D. No gain no loss

2. A shopkeeper marks his goods 20% above cost price, but allows 30% discount for cash payment. His net loss is ?

   A. 8%
   B. 10%
   C. 16%
   D. 20%

3. A candidate who gets 30% of the marks fails by 50 marks. But another candidate who gets 45% marks gets 25 marks more than necessary for passing. Find the number of marks for passing?

   A. 150
   B. 200
   C. 250
   D. 275

4. 40% of Raees marks is equal to 20% of Rahim’s marks which percent is equal to 30% of Rehman’s marks. If Rehman’s marks is 80, then find the average marks of Raees and Rahim?

   A. 60
   B. 70
   C. 80
   D. 90
   E. None of these

5. A student who secures 20 % marks in an examination fails by 30 marks. Another student who secures 32 % marks gets 42 marks more than those required to pass. The percentage of marks required to pass is:________?

   A. 20%
   B. 25 %
   C. 28%
   D. 30%

6. A trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and suffers a loss of 1%. He allowed a discount of :

   A. 10 %
   B. 10.5 %
   C. 11 %
   D. 12.5 %

7. A trader marks his articles 20% more than the cost price. If he allows 20% discount, then find his gain or loss percent?

   A. No profit No loss
   B. 4% profit
   C. 2% loss
   D. 2% profit
   E. None of these

8. A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?

   A. Rs. 15
   B. Rs. 16
   C. Rs. 17
   D. Rs. 18

9. An engineering student has to secure 36% marks to pass. He gets 130 marks and fails by 14 marks. The maximum No. of marks obtained by him is_________?

   A. 300
   B. 400
   C. 350
   D. 500

10. In an examination a pupil’s average marks were 63 per paper. If he had obtained 20 more marks for his Geography paper and 2 more marks for his History paper, his average per paper would have been 65. How many papers were there in the examination?

    A. 8
    B. 9
    C. 10
    D. 11